Cvjeticanin & Partners has advised Pirelli Tyre on the recognition and enforcement in Serbia of an arbitral decision of the Milano Arbitration Chamber.
According to Cvjeticanin & Partners, "this procedure followed the previously completed arbitration proceedings in which a three-member arbitral tribunal decided in favor of Pirelli. Pirelli Tyre initiated this procedure on recognition and enforced collection against one of its largest distributors, Coning Belgrade, which is also the largest retailer of car tires on the Serbian market, for the amount of EUR 115,000, as [Coning] gets insolvent."
Cvjeticanin & Partners’ team was led by Senior Associate Ivana Mijajlovic.